The Lucas-Hathaway Charitable Trust
The Lucas-Hathaway Charitable Trust is a private foundation focused on Education, based in Blacksburg, VA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $481K in total assets. In 2025, it made $18K in qualifying distributions. Net investment income was $10K.
The Lucas-Hathaway Charitable Trust at a glance
- Total assets
- $481,014
- +16.4% vs 2024
- Revenue (2025)
- $9,964
- -20.2% vs 2024
- Qualifying distributions (2025)
- $17,560
- +23.5% vs 2024
- Expenses (2025)
- $2
- -100.0% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Lucas-Hathaway Charitable Trust funds
How this funder distributes its grants
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How The Lucas-Hathaway Charitable Trust gives
- Giving fell 30% from 2021 to 2024. Method
- In 2025 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $14K (2024) to $22K (2023). In 2024 it made 3 grants totaling $14K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Roanoke College Salem, VA | Educational Opportunities for Students. Internships. | $13,000 |
| Virginia Tech Foundation Blacksburg, VA | Educational opportunities and internships for students at hahn garden. Award for academic excellence dmme. | $1,000 |
| Gem Monument, CO | Educational Opportunity. | $206 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $481,014 | $9,964 | $2 | — | — | $17,560 | $10,179 | $20,455 |
| 2024 | $413,198 | $12,488 | $14,402 | $14,206 | 3 | $14,221 | $12,473 | $37,410 |
| 2023 | $364,744 | $-27,176 | $23,731 | $22,250 | 4 | $23,731 | $13,046 | $17,727 |
| 2022 | $393,373 | $13,180 | $20,648 | $18,780 | 2 | $18,780 | $5,208 | $19,727 |
| 2021 | $440,316 | $18,827 | $23,242 | $20,280 | 3 | $40,560 | $23,364 | $1,937 |
Under IRS private-foundation payout rules, The Lucas-Hathaway Charitable Trust reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Lucas-Hathaway Charitable Trust's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Charlotte B Lucas
Porfolio Manager & Trustee
On filings since 2021
20 hrs/week
No compensation reported
Eric S Lucas
Trustee
On filings since 2021
10 hrs/week
No compensation reported
Jay H Lucas
Trustee
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Lucas-Hathaway Charitable Trust
How large is The Lucas-Hathaway Charitable Trust?
The Lucas-Hathaway Charitable Trust reported $481K in total assets on its 2025 IRS Form 990-PF. It paid out $18K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is The Lucas-Hathaway Charitable Trust?
The Lucas-Hathaway Charitable Trust is a private foundation focused on Education, based in Blacksburg, VA. It holds $481K in total assets as of 2025.
Where does The Lucas-Hathaway Charitable Trust operate?
The Lucas-Hathaway Charitable Trust has awarded grants in Colorado, Tennessee, Virginia.
What is The Lucas-Hathaway Charitable Trust's EIN?
The Lucas-Hathaway Charitable Trust's EIN (Employer Identification Number) is 54-6275432. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS September 21, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 6, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 22, 2026)
- IRS filings on file for fiscal years 2021–2025
Live grants for the work The Lucas-Hathaway Charitable Trust funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Lucas-Hathaway Charitable Trust's focus areas in our free grants database
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